Ion Asset Management Ltd. Sells 648,983 Shares of Aercap Holdings N.V. $AER

Ion Asset Management Ltd. decreased its position in shares of Aercap Holdings N.V. (NYSE:AER) by 68.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 300,000 shares of the financial services provider’s stock after selling 648,983 shares during the quarter. Aercap comprises approximately 4.0% of Ion Asset Management Ltd.’s investment portfolio, making the stock its 9th biggest holding. Ion Asset Management Ltd. owned about 0.16% of Aercap worth $36,300,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. bought a new position in shares of Aercap during the third quarter worth $26,000. Geneos Wealth Management Inc. lifted its holdings in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Toth Financial Advisory Corp grew its stake in Aercap by 66.7% in the third quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock valued at $60,000 after acquiring an additional 200 shares during the period. JFS Wealth Advisors LLC bought a new stake in shares of Aercap in the third quarter worth about $67,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Aercap by 22.7% in the third quarter. Farther Finance Advisors LLC now owns 692 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 128 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Trading Down 0.1%

Shares of Aercap stock opened at $133.01 on Monday. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $154.94. The stock has a market cap of $22.20 billion, a P/E ratio of 6.23, a P/E/G ratio of 1.17 and a beta of 1.01. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The business’s 50 day moving average is $145.04 and its 200-day moving average is $135.41.

Aercap (NYSE:AER) last released its earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.64. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Aercap had a net margin of 44.04% and a return on equity of 15.11%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business earned $3.31 earnings per share. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Equities research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. Aercap’s payout ratio is currently 7.50%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AER shares. Truist Financial assumed coverage on Aercap in a report on Tuesday, December 9th. They set a “buy” rating and a $159.00 price objective on the stock. Zacks Research downgraded shares of Aercap from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Barclays upped their price target on shares of Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Finally, Morgan Stanley increased their price objective on shares of Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.38.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.